Tuesday, March 1, 2011

Let me preface this by saying my husband got his degree in Finance with an emphasis in investment. Then he got his MBA and has worked since graduating from college in credit. Homeboy knows his stuff.

1. Do not live beyond your means.

If you don't have the money for it, don't buy it. Young folks tend to do this because they want the newest stuff all the time. Then it's a viscious cycle of debt and still not ever being satisfied. So....if you ain't got the money for it, don't you go buyin' it.

And don't wipe your butt with dollar bills.

2. Save for retirement.

Booooorrring! 401k's, mutual funds, blah blah blah. We have MANY different types of investments for retirement. It kinda sucks when you think about the amount of money that we are saving that we won't use for another 30+ years...BUT, the older we get, the more I know we are totally prepared. And we're super nerdy when we figure out if we keep investing a certain amount of money/month and if we retire at age 55, then we will have $1 million dollars! I'm making that up. I can't remember how much it is, but we'll be set.

About Me

When Irish eyes are smiling,
Sure, 'tis like the morn in Spring.
In the lilt of Irish laughter
...You can hear the angels sing.
When Irish hearts are happy,
All the world seems bright and gay.
And when Irish eyes are smiling,
Sure, they steal your heart away.